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    The Big Story

    The BIG Story

    In November 2024, President Museveni officially launched construction of the Kampala–Malaba Standard Gauge Railway, marking a major milestone in Uganda’s long-delayed efforts to modernise transport and boost regional connectivity.

    Uganda Turns to Citibank After Years of SGR Delays Over Financing

    April 16, 2026April 16, 2026 0 Shares
    Uganda’s decision to contract Citibank to mobilise funding for its Standard Gauge Railway (SGR) marks a significant turning point for a project that has faced years of delays, largely due...

    Cash Is Expensive: Could Lower Mobile Money Taxes Save Uganda Billions?

    April 15, 2026April 16, 2026 0 Shares
    Uganda is paying heavily to keep cash alive. Every year, trillions of shillings are absorbed into an economy still built around physical currency through the systems that print, transport, secure,...

    25% Profit Growth, 46% Deposit Surge, 29% Asset Expansion: Inside David Wandera’s Breakout Year at Absa Uganda

    April 15, 2026April 15, 2026 0 Shares
    When David Wandera officially stepped into the role of Managing Director of Absa Bank Uganda in May 2025, the appointment marked far more than a routine leadership transition—it signaled a...

    CMA @30: The Story of Uganda’s Capital Markets – Milestones, Growth, Challenges and the Road Ahead

    April 15, 2026April 15, 2026 0 Shares
    Josephine Okui Ossiya, Chief Executive Officer of Capital Markets Authority, reflects on three decades of market growth, highlighting regulatory innovation, investor confidence, and a vision to position capital markets at the center of Uganda’s economic transformation and future development.
    As Uganda’s capital markets mark three decades of growth, the Capital Markets Authority (CMA) stands at a pivotal moment; transitioning from building foundational structures to driving transformative impact. Since its...

    Airtel Africa CEO Sunil Taldar Targets Uganda for Increased Investment, Citing Strong Growth and Strategic Importance

    April 14, 2026April 14, 2026 0 Shares
    Airtel Africa CEO Sunil Taldar (left) and Airtel Uganda Managing Director Soumendra Sahu during a media engagement in Kampala. Taldar highlighted Uganda as a strategic priority market, noting the strong financial performance and growth delivered under Sahu’s leadership.
    Airtel Africa is setting its sights firmly on Uganda as a key investment destination, with Group CEO Sunil Taldar signalling deeper capital deployment and continued technology rollouts in what he...

    Standard Bank Group assembles an army of homegrown executives ahead of its planned game-changing East African acquisition 

    Muhereza KyamuteteraBusiness & MarketsNews & AnalysisThe Big StoryDecember 26, 2023November 9, 2024

    In a March 2023 interview with Bloomberg, Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa, told of the Group’s ambitions for the Kenyan market, revealing that…

    Meet Hilda Mbabazi, Crown Beverages’ first female CEO in Uganda

    Muhereza KyamuteteraCompany NewsThe Big StoryThe Executive TravelerDecember 23, 2023March 1, 2024

    Leading carbonated soft drinks and water maker, Crown Beverages Limited (CBL), have appointed Hilda Mbabazi FCCA, CPA, MBA, as its Chief Executive Officer. CBL is the franchise bottler of global…

    Carrefour fined USD7.2 million by Kenyan competition regulator for choking life out of its suppliers

    Muhereza KyamuteteraBusiness & MarketsNews & AnalysisThe Big StoryDecember 20, 2023December 20, 2023

    The Competition Authority of Kenya, has penalised Majid Al Futtaim Hypermarkets Limited, which trades in Kenya under the brand name Carrefour, a total of KES 1,108,327,873.60 (USD7.2 million) for separately…

    How will Africa’s fashion industry fair in 2024? A UN report predicts a brightly coloured future

    The CEO Magazine TeamBusiness & MarketsNews & AnalysisThe Big StoryDecember 20, 2023December 20, 2023

    The landmark Africa Fashion exhibition held early this year at London’s Victoria and Albert Museum, which ran from July 2022 to April 2023, was a game-changer for the global prominence…

    Uganda’s troubled Karuma and Isimba Hydro Power Projects⏤ loan liability grows to a UGX 5 trillion

    The CEO Magazine TeamNews & AnalysisPolitics & GovermentThe Big StoryDecember 20, 2023December 20, 2023

    The Uganda Electricity Generation Company Limited (UEGCL) is staring at UGX 5 trillion outstanding loan obligations from Karuma and Isimba Hydro Power Projects.   The loan obligations arise from UGX 1.3…

    From Entertainment Reporter to Managing Director: Susan Nsibirwa’s journey to the top of the media industry

    CEO ReporterTechnology & InnovationThe Big StoryWomen In LeadershipDecember 20, 2023December 20, 2023

    In her bio on Linked-In, Susan Nsibirwa, the newly appointed managing director of Monitor Publications Limited describes herself as “an avid team player who believes in bringing out the best…

    BREAKING: Susan Nsibirwa appointed Nation Media Group Managing Director in Uganda 

    Muhereza KyamuteteraCompany NewsExecutive ProfilesThe Big StoryDecember 19, 2023December 19, 2023

    Susan Nsibirwa, a Marketing Communications Consultant and experienced media executive, has been appointed by the Nation Media Group, to head its Uganda unit, CEO East Africa Magazine can exclusively reveal….

    PwC report: Family-owned businesses in East Africa don’t value research, innovation

    CEO ReporterNews & AnalysisThe Big StoryDecember 18, 2023December 18, 2023

    Most family-run businesses in East Africa have not prioritized research in order to assist them in recovering from the economic challenges brought about by the Covid-19, a recent survey by…

    Who is Dr. Tom Buringuriza, Citibank Uganda’s New Board Chairman?

    Muhereza KyamuteteraExecutive ProfilesThe Big StoryDecember 15, 2023December 15, 2023

    Citibank Uganda recently announced Dr. Tom Buringuriza, the Country Manager of Armour Energy Uganda as its new Board Chairman.  He replaces Geoffrey Kihuguru whose term has ended.  Armour Energy Uganda…

    Why tech firms like Jumia struggle to make it in Africa but succeed in India or US

    Guest WriterThe Big StoryDecember 15, 2023December 15, 2023

    Jumia Technologies, a leading announced that it will close its food delivery business, Jumia Food in Nigeria, Kenya, Uganda, Morocco, Tunisia, Algeria and Ivory Coast because it is not profitable. In…

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